SMH Chart
The Semiconductor Fund (SMH) is still slowly coming back down to the Green Zone.

Markets were mixed today as investors wait for the FED again to probably Tighten once more next Wednesday. Some of the Indices slipped below the Pink Lines (10-day avgs.) to create short term Sell Signals. The S&P 500 and the DOW 30 Indices need to exceed last week’s highs for this rally since the March lows to continue. 

The Markets and Leaders were extended for the short term, but the Semiconductors (SMH) are coming down for Buy Signals soon (after making higher highs recently). 

Please be patient and wait for Buy Signals for that are still Above the Green Lines.  SOON – CHARTS  The best moves happen when the S&P 500 Index is also coming up out of the Green Zone. 

_____________________________________________________________________________

BUYS TODAY   4/21/2023      NONE TODAY

BUYS TOMORROW                 

AGI      ALAMOS GOLD INC.      Wait for Money Wave Close > 20 with High Volume.

GDX      GOLD MINERS FUND      Wait for Money Wave Close > 20 with High Volume.

IFRX      INFLARX NV       Buy above $4.80 with High Volume with a 3% Trailing Sell Stop Loss below it.       

Shop for a better price earlier in the day with Triple Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.  

BUYS SOON              

PYXS      PYXIS ONCOLOGY       Buy above $3.57 with High Volume with a 3% Trailing Sell Stop Loss below it.

RIOT      RIOT BLOCKCHAIN INC.      Wait for Money Wave Close > 20 with High Volume.

SMH      SEMICONDUCTOR FUND      Money Wave must Close in the Green Zone.       

YPF      YPF ENERGY      Wait for Money Wave Close > 20 with High Volume.   

Please be patient and Wait for Money Wave Buy Signals.  We will email you when they are ready. Follow on the WATCH LIST.   

SELLS TODAY                    

AEHR      AEHR TEST SYSTEMS       EXIT if it is going to Close below Support of $26.55. This trade was not logged.     

___________________________________________________________________________

DAY TRADING SETUPS.  We have a new Discord Site for Live Chatting. Follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Movers today:   LABU (+6%)  HIMS (+7%) & SOXS  (+5%). Try out the Side by Side layout.      

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were up today and are Below the Green Line.  

Crude Oil was up $0.40 today at $77.77.

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated Apr 1, 2023

Many like to Buy the Swing Trades just before the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and up out of the Green Zone). Don’t Buy if the Security has already popped up too much. Money Wave Buy Signals are usually good for a 3-6 % move in a few days.

We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.     

 

HAVE A NICE WEEKEND!

Related Post

GDX

One Response

Leave a Reply